Amnis Finance, a fast-growing Aptos-based liquid staking protocol, has announced the launch of its governance token, AMI, with its debut listing scheduled on cryptocurrency exchange MEXC on March 26. The launch will also include an 8% airdrop of the total token supply to reward early community supporters.
The listing marks a significant milestone for the project as it begins a new chapter focused on decentralization and community governance.
AMI Token Launch Details
According to MEXC’s official announcement, trading for the AMI/USDT pair will begin on March 26 at 10:00 UTC, with deposits now open. Withdrawals will be enabled on March 27 at 10:00 UTC. Additionally, MEXC Convert — a feature that allows users to swap tokens without fees — will support AMI beginning March 26 at 11:00 UTC.
Amnis hinted that AMI could be listed on more exchanges soon, as the token plays a critical role in the project’s move toward decentralized governance.
“Get ready to MOVE with the most anticipated TGE events on Aptos! A new chapter for Amnis Finance is about to start,” the team wrote on X.
Purpose and Utility of AMI
AMI will serve as the governance token of the Amnis DAO, granting holders the ability to vote on key decisions such as:
- Protocol fee adjustments
- Delegation strategy updates
- Strategic partnerships and integrations
By participating in governance, AMI holders will directly influence the protocol’s direction and growth, further aligning Amnis Finance with its community-driven goals.
Tokenomics: AMI Supply and Distribution
Amnis Finance has released a detailed breakdown of the 1 billion total AMI token supply, which is allocated as follows:
- 20% to the Amnis team, with a 1-year cliff and 2 years of monthly vesting
- 20% for community rewards, to incentivize the use of current and future products
- 16% for ecosystem grants, partnerships, and initiatives
- 16% for investors, split into:
- 12% seed investors
- 3% private investors
- 1% to Key Opinion Leaders (KOLs)
(Investor tokens have a 6-month cliff and 1-year linear vesting)
- 15% for marketing
- 5% for liquidity provision
- 8% to be airdropped to early adopters and for future distributions
Rapid Growth and Ecosystem Impact
Since its launch, Amnis Finance has become a top protocol on the Aptos network, experiencing an 1,882% year-on-year growth. According to DeFi Llama, Amnis currently has over 35.5 million APT staked from more than 446,000 users, ranking it among the top three projects on the Aptos blockchain in total value locked (TVL).
The introduction of AMI is expected to further enhance the protocol’s community engagement and expand its footprint in the growing decentralized finance (DeFi) landscape on Aptos.
As the AMI token goes live, all eyes are on how the Amnis ecosystem will evolve and whether its governance model can propel it to even greater heights within the DeFi space.
